The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.
Michigan Store Founder Dies at 90
Robert Gaines served in World War II and the Korean War before opening Gaines Jewelry in Flint.
Flint, Mich.--Robert Gaines, U.S. Army veteran and founder of Gaines Jewelry in Michigan, died Tuesday at the age of 90.
Gaines was born in Baxter County, Arkansas, on Nov. 17, 1926 to the late Oscar and Mae Gaines.
Gaines served in the U.S. Army in both World War II and the Korean War, and was honored in April for his 70 years of service with the American Legion.
Through the GI bill, Gaines earned a certification in watchmaking and opened his first jewelry store in Gideon, Missouri, before moving to Flint, Michigan in 1955 to work for the Hirsch jewelry store chain.
In 1963, he and his wife opened Gaines Jewelry.
Since its start more than five decades ago, Gaines Jewelry has undergone two moves and expansions, including the move in 1999 into its current location on Beecher Road in Flint.
Gaines eventually handed over much of the day-to-day management of the business to his son, David, and Michael Goulet, a longtime employee of the store.
Gaines enjoyed his Christian faith, a good day’s work, golf and spending time with his family.
David Gaines wrote of his father in a Facebook post: “He taught me how to golf, how to fish, how to be a dad, just how to live. He taught me what it means to show God’s love to others, not just by words, but how he lived his life. And what a life it was … Though my dad was 90 years old, and I knew this day would come, words can’t express the void left by his departure. A whole lot of good left the world this morning and I miss him so.”
Gaines was preceded in death by his wife, Etheleen; daughter, Vickie; and siblings Harry, Elbert, Ray, Gordon and Norma.
He is survived by two children, Yasmin Gewirtz and David Gaines; grandchildren Elizabeth Kyprianos, Fredrick Gewirtz, and Selina and Wesley Gaines; great-grandson James Bellows; siblings Pauline Woods and Connie Gaines; and several nieces and nephews.
Funeral services will be held on Monday, June 5, at 11 a.m. at the Swartz Funeral Home in Flint.
Contributions can be made in his name to the Hospice House of Shiawassee County or The Gideons International.
The Latest

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.


The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.
























